I believe logistics companies must be the biggest enablers to this technology, as ultimately personnel costs must be one of the largest cost areas for these companies. The cost of someone to operate a drone remotely is certainly lower than having truckers make deliveries. I presume that customers don’t care if their products are delivered by drone, as long as they receive their packages intact and in a timely manner, That being said, though, there must be some regulatory barriers from municipalities that don’t necessarily want drones flying around everywhere with packages. Further, I’m sure that truckers aren’t happy to be replaced by technology. The logistics companies themselves, then, may also have some liability concerns, as perhaps the insurance market hasn’t been able to catch up to these risks adequately just yet.

Drone delivery is something that was quite unfamiliar to me before reading the article. I found it very interesting how big the industry for drone actually is. It has had a steady climb to $1 billion dollars in 2017. Some enablers of the industry include would be eco companies because they are more environmentally friendly then our delivery systems in place today. Another enabler would be the FFAs Integration Pilot Program which will aim to provide solutions to different problems within the Unmanned Aerial Systems industry. They are also faster at delivering and more cost effective as the article states. Some barriers for such technology include unsecured transportation methods that could cause the drones to fly into peoples homes and other type of collisions. As well as the access of private consumer data such home addresses.

Drone Delivery is a new type of technology that is becoming a disruptive innovation in this industry. I believe many businesses are investing in the use of drones for their delivery system, Amazon is the representative case and faces many challenges. Some of the biggest challenges are like weather impact on drones, noise, regulations, size and weight of the packages, battery, and security problems. These are yet to be solved and drones are not ready to be implemented for now, but will definitely create new steps to our next generations. Drones are capable of doing more things than that of humans can do like better accessibility and faster delivery time. Also, consumers are expected to get products safer since there are no bumps or being thrown away while transferring. As long as regulations and public concerns are solved, these will bring whole new world to our society.

The use of drones for delivery makes packages and shipments reach far out areas much quicker than it would with a single truck. Although this seems to be of something of the future, these drones are being used now and changing the way companies deliver. It is still very new and users are getting introduced to how the government regulates the airspace and where these drones are allowed and not allowed to fly These barriers could possibly keep them out of certain areas, especially in urban areas and near airports.

I think delivery drones are a very creative innovation but they couse pose a threat. For Amazon, it might be an advantage to use drone delivery to elimiate any delays or to deliver quicker. Every day, if feels like consumers just want their order and products to deliver sooner. They rather pay more than to wait over 2 days, drones could be the next best thing in terms of fast delivery. On the other hand, drones could be used as a threat because of security purposes, drones being used to harm individuals or used to cause harm.

I like the way drones used for delivery, as it will definitely makes shipments reach for far areas way faster than it would with any shipment method nowadays. I think this method is what companies will use in the now and will develop drones to even makes it faster in the future. For example, Amazon is using it to take the ordered items and send it directly to the customer. However, there are some negative sides for companies to use drones, which are, governments have restrictions that it is prohibited to have drones fly above some areas. I also believe that drones can’t fly on rainy or snowy weather. Drones have limitations on delivering some items, such as heavy items or large sizes. I believe these regulations and limitations will be solved in the future and drone is the new truck!

Drones would obviously be a very useful and cost effective tool for companies that wish to transport goods to their customers quickly and effectively. On the other hand, it is a dynamic risk because it is such a new piece of technology, therefore, insurance premiums for the drones may be higher than other transport methods. also, it may be a national security concern to the government to have drones flying all over and it may be invasive of people’s privacy.

So I actually had the pleasure of doing my final presentation in my Transportation and Logistics class on the use of drones and how it has been making transportation more efficient. In the age where people want their products fast, this is a very beneficial investment but can also poses a few risks. The biggest benefits of course include making the supply chain faster and getting the items you need the same day, This also saves many logistic companies on cost in the long run as they no longer are investing in labor and having to worry about the driver shortage epidemic. The biggest pushback that drones have been receiving are the implications they can have on human privacy and safety. Having an unknown object in the air is frightening for many individuals as it can explode or fall on someone and well as garner video footage of a persons. whereabouts. Thankfully the FFAs Integration Pilot Program will aim to provide solutions to any issues caused by drones so that they can fully operate in many areas.

A key enabler for the growing drone market is to have a safe, secure and efficient handling of drone for the purpose of economic and societal benefits. It would be very beneficial to use drones to improve delivery time and to get to hard to reach places. The biggest barriers would be that society has to accept drones into their day to day lives. If society is not willing to adopt this new technology then it would be hard to incorporate drones and autonomous systems. It is also a challenge to figure out how to incorporate and hold drones/autonomous systems responsible for any accidents that may take place.

I see drones being a significant player in doing good around the world. They could and are being used to transport vital goods and medical supplies to poor and unreachable parts of the globe. The technology has quickly caught on but regularatory demands and concerns about privacy have hindered their uasge. In the U.s public consensus is devisive.

Drones are going to play a significant role in the future of many different industries. Drones are evolving into many different uses. For example, Amazon is developing a system for an atonomous delivery system where the driver makes a delivery while the drone also drops a package off to a nearby location to save man power and improve efficiency. We will see them develope into a lot of many different industries.

Drone technology has the advantages of fast delivery, cost saving and security guarantee. It can ignore the complex geography, sending products to consumers. More and more large companies are applying this technology. However, there are still barriers on promoting. To what extent the public can accept drones flying around them. How to solve potential risk of hecking and privacy disclosure is still an issue.

I personally think that drones can be a critical component to any logistics company. Drones can save money and time for any company that is transporting products. They will make it more efficient for distributing any kind of product. Distributing products to s pecific are through the air will in turn increase customer satisfaction and in turn increase overall sales. Although the capital investment may be a lot i think the return in investment will be worth it at the end of the day.

Here is an article which summarizes how artificial intelligence is being used in supply chains (click here). Summarize your thoughts on the topic and provide an example, if possible, about use of AI in supply chain.

Artificial intelligence is becoming huge recently and becoming very important in our society. These will be used to analyze big data retrieved from many businesses and their customers to provide better services and products to people. Amazon anticipatory shipping is one of the representative examples which is delivering products even before the customer places an order. This is enabled by AI conducting an analysis of big data like consumer patterns, and move it to an action in order to shorten the shipping time. As explained, AI will enable supply chain system to work more efficiently in both time and money wise. As the consumption of goods and services are increasing, the data will become more accurate, which will make AI smarter. Eventually helps companies and consumers to receive improving services and goods.

In society today, the use and implementation of Artificial intelligence continues to grow at a rapid pace. I has become very useful when it come to supply chain management and its ability to analyze big data. The machine improves itself by measuring date from previous outputs. This is very important when it comes to warehousing and moving location items, keeping track of inventory and orders, as well as being able to accurately forecast product demand. AI helps to make the supply chain process much more efficient. For example Zappos using Kiva machines to move their products in the warehouse. The next step with AI is figuring out how it can improve lead times and enable for faster shipping. This is essential in today’s society as people want their products quickly.

Artificial intelligence has been apart of supply chain management since the early 200’s and has only continued to improve with time. I think that artificial intelligence is a very useful tool when it comes to supply chain management and has greatly improved efficiency in supply chains. Artificial intelligence has been used as a means to analyze big data, forecast product demands, and accurately compute calculation at a speed faster than humans. I think that working with artificial intelligence is not a bad thing and it has definitely improved the quality of life. However, there is still a balance that needs to be maintained where we should not become overly dependent on artificial intelligence.

In recent years, apply artificial intelligence to supply chain has been a trend. The topic talks about more and more companies use artificial intelligence to do the forecasting, because it is more accurate. And for artificial intelligence, supply chain industry provides it a good place to learn because there are big data involved. In return, artificial intelligence evloves and makes contriution to supply chain.

It was very interesting learning about the back-end intricacies of supply chain management. It was important to see what goes wrong if the logistics of an operation are overlooked or misforecased, as seen through the bullwhip effect. From there, we learned many ways the the IoT can both prevent those issues, as well as the many benefits from incorporating a well-function platform and system for the supply chain, such as optimal sourcing and blockchain. Overall, the internet has enabled smoother and more efficient transactions and logistics in regards to SCM.

Overall, this class was about how internet can make supply chains more efficient. We learned about a variety of ways, such as blockchain, EDI, automated warehouses, and more. My favorite topic was the bullwhip effect because we learned through notes and an interactive simulation (the beer game). It is essential to communicate with each player across the supply chain in order to achieve the best result. Personally, I enjoyed learning about the real world examples connected to the lessons. Each lesson directly related to a company who implemented a digital change in their supply chain. My group & I presented on the Hulu case, which was extremely interesting since most of us grew up using Blockbuster-type platforms but now use streaming services. Overall, I thought the class had a lot of real world implications that we will all see throughout our careers in SCM.

During this semester, MIS 3537 taught me how important the internet is to a successful supply chain. By completing a different case study every week, I learned so much about how different companies are continuously faced with unique supply chain problems. For example, my group presented the Nike vs New Balance case study where the companies were faced with an ethical challenge involving the elimination of import tariffs. Also, I really enjoyed completing the beer game simulation. It was fascinating to see how easy the bullwhip effect can occur and how important communication is within the entire supply chain. Lastly, I look forward to completing the GSCM simulation this week in order to gain a better understanding of the importance of accurate forecasting. I learned a great deal in this class that will only help me in my future supply chain career.

Through this course, I learned how internet can help build a more efficient and effective supply chain. There are high-tech softwares or equipments can help fasten the supply chain process, such as IoT, EDI, etc. There are also technique that help secure the product and the supply chain, which includes, RFID and blockchain. Bullwhip effect is another important concept I learned, which cause fluctuations along the supply chain that will effect the forecast, orders and inventory. However, companies can eliminate the effect by sharing informations and collaborate with partners. I’ve also learned to think in a critical mindset when dealing with supply chain issue, where I should think as the world changing, innovate new technologies, and collaboration with potential partners when needed. Overall, I learned a lot in this course, and looking forward to apply them to my career in the future.

This course was the first course Supply Chain course that I have taken in Supply Chain at Temple University. That being said, this means that a substantial amount of the material that I’ve learned regarding supply chains comes from this course. Nearly all of the basic supply chain and logistics terms that I know were learned in this course. Additionally, I’ve learned a lot about the advancement of technology in supply chain such as IoT, Blockchain, and AI. Concepts such as the bullwhip effect have made me better understand why more needs to me done in order to better coordinate and integrate various pieces in supply chains. Finally, one of the biggest takeaways for me in supply chains is that nothing is going to be around forever and that we should always be open to beneficial changes no matter how unfathomable they may currently seem. Technology has come a long way in the last decade and there is no reason for the same trend to not continue for decades to come.

– This semester, I learned about how the internet can make the supply chain more efficient by significantly changing how things were traditionally being done. The role of IoT, AI, RFID, and EDIs are important in supply chains to develop new products and faster services that provide greater satisfaction to the customers. I learned about smart homes, digital products, and even how IoT is implemented through Verizon Track and Trace at Pfizer, where an alert is sent to the FBI/911 immediately when a truck door opens (catches thieves fast).
– I also learned about the importance of effective communication between all parties of the supply chain through the Beer Simulation Game, which I enjoyed very much. Effective communication leads to the alignment of expectations and goals of both employees and management, and leads to a strong team, quality products and services, and happy customers.
– I also learned about blockchain and bitcoin, and how this technology is disrupting supply chains.

This class taught me the important role the internet can play in the organization and planning of a supply chain. It allows for faster communication between suppliers and customers, which greatly improves a supply chain’s performance. Through completing the various case studies we had during the week, I learned how important it is to use digital solutions to fix supply chain issues. I really enjoyed the simulations we took part in such as the Beer Game and the Global Supply Chain Simulation. They provide a real world feel that teaches how important collaboration between factories, distribution warehouses, and customers is and what the effects of good forecasting has on your team’s performance.

This semester I learned how information technology trends shape supply chain management in areas such as logistics, manufacturing, and transportation. Some key points that stood out to me include:
1. Bullwhip Effect – The effect refers to increasing swings in inventory in response to shifts in customer demand as one moves further up the supply chain Because of this, it is essential that everyone in the supply chain communicates effectively, and receive all information available.
2. Ethical practices can influence all the partner relationships involved in the supply chain.
3. Hulu Case – It was very interesting to learn how supply chain works for intangible good, as this was never something I gave much thought about.
4. Digital technologies can be implemented to fix supply chain issues.

It’s clear to me that no industry will be able to escape the grasp of internet integration. Considering the degree supply chains are integrated in nearly every industry, a logical step to make is that being at the forefront of internet-enabled supply chains is both a wise career move for individuals and a wise operational move for businesses. But the question remains: what is the best way to fit internet integration into a company, given its specific operational needs and risk appetite? How will rapid technological change further impact supply chains around the world? The optimist in me sees growth opportunity everywhere in this space, but of course some solutions fit certain industries and certain companies better. This class has taught me a good deal of the technical terms needed for basic fluency, as well as given me a technological eye, seeing the internet potential for some seemingly benign shipping, fulfillment and logistical processes.

My favorite part is 2 stimulations. I really like to get involved in practice related to courses concepts. For the first stimulation, it presented the bullwhip effect with line charts. By being assigned to different roles, you can get a better understanding about how bullwhip effect affects the supply chain and the importance of communications. The second stimulation also gives you a general view of how the global supply chain works. It also shows the impact on the supply chain by choosing different suppliers and products.
Blockchain technology is another thing I really interested in. I believe combines with SC standards, it will become a new trend in the future.

As this was the last class, it. was very interesting to go over what we have learned throughout the semester within couple slides. We were able to learn things like how so many different types of supply chain works and how continuously changing technology impacts on the supply chain as well. These were not just concepts, rather of understanding how the current world is behaving to IoT and supply chain. With our understanding, we were given an opportunity to try simulations and were very helpful in understanding further into the supply chain.

As a supply chain management major, with a management information systems minor, this class was the perfect merging between the two subjects. I really enjoyed how it was very supply chain focused and incorporated the internet aspect into the topics. In addition, many of the topics themselves were focused on how the internet improves upon supply chains which was very interesting. Some of the topics covered were interesting to learn about and some of the topics I had never heard about previously. I really enjoyed the block chain discussions and I feel I have learned a lot about them through this course. Overall, I enjoyed this course and working on the cases with my group. I gained a vast amount of knowledge in this flied of study and I believe it will help me in my career in the future.

I felt as though this course had a good balance between real-world examples such as case studies, simulations, a guest lecture, and traditional lectures. For me personally, I thought the best example of putting this all together would have been the most recent global supply chain simulation. It really gave an accurate depiction of developing a product and putting it to market, but first deciding on how to allocate production among different locations based on your forecasted sales. The case studies made us think deeply about how technologies have changed companies mostly for the better along with the associated challenges. I think that overall this class helped further my understanding about the behind-the-scenes workings of supply chain management. I would continue to do the case studies and the simulations, I felt that they were helpful.

I learned a lot about the real-world challenges and solutions of supply chain through the various case studies. Through these case studies, I was able to gain perspective on the many ways to approach a problem and the things to consider when making a decision. I also enjoyed doing the simulations because it helped put me in a position where I could apply my knowledge and see the results of those decisions. Although group work isn’t always a walk in the park, being put in groups really helped me learn how to better communicate with others and see the value in working with others for one goal/purpose.

Coming into this class, I wasn’t sure what we’d be covering besides for driverless trucks and RFID’s tags but I gained much more that that from this course. I really enjoyed how we dove deep into different businesses through case studies to see that these are all practical real life topics. I also liked the simulations which made the class more engaging. All in all wrapping up everything last week made me realize how much we covered. I’m looking forward to applying this knowledge in my professional career. Thank you for a great semester, all the best in your future endeavors!

This course was much more valuable than I previously thought when coming into it. It proved that supply chain is more than physical movements of goods around a supply chain and how technology can be implemented in the process. Our professor was able to guide us week by week and use real world examples to show us the importance of how automation, the internet, and robotics are already moving into our future career field.

This class has given me a better insight into how the supply chain works. I am Finance major with a minor in MIS and supply chain caught my attention from my Supply Chain major friend. Before this class, I had no idea about the great impact the supply chain has on any business and how much it contributes to a business’ function. For instance, stock-outs impact the financial impact more than overstock or how the bullwhip effect can drastically fluctuate and affect the chain of distribution. As the semester went on, I was able to understand better and more effectively how the supply chain works and what it needs to function properly.

This course has taught me a great deal about Ethical Supply Chains and their place in this interconnected world. Efficiently supply chain allow goods/services to be distributed worldwide for the benefit of humanity. In 5 years, I think the concepts of IoT and Blockchain will be omnipresent throughout my business and personal life. I am excited to efficiently apply concepts learned in this class to companies I hope to be working in thus creating meaning and value.

From the beginning i defiantly didn’t expect the course to be so related to our every day lives like it was. The course really taught me alot about how much technology has already changed the supply chains and how much more changes are yet to come. I knew very little on subjects like blockchain and bitcoin but i learned a great deal beginning with what it is in general. Many of the things i learned in the course i feel like i will use in the future with a career.

The key things in which I learned about this semester were first of all what supply chains were in general, having never really been exposed to it prior. I was also able to expand my knowledge of RFIDs and the IOT from what I had previously learned and was able to see how much it really effects us in our daily lives. The Bullwhip effect was also a new concept for me which I was able to get a better understanding of in class. Especially with the Beer Game was able to see what it would be like in a real life simulation of Supply Chain. Overall, mostly everything I was exposed to in this class was one way or another new to me and it was very interesting to be able to see how what I was learning takes place in the real world; and what everyday companies that I never took a second glance at goes through behind the scenes from what I see as a customer.

I liked how the course explained the different types of technology used in the management of supply chains in companies. It was information that most likely would be used in every day job functions for us undergraduates. The case studies I enjoyed doing with group members and I think it was better than having individual homework assignments. The open note style for exams sometimes is more beneficial then having closed book as it forces you to prepare the notes and you learn the material while doing so. While taking the test, I was able to relate the information and further understand the concepts more. The beer game simulation I didn’t get much out of since it was very basic and black & white while the last simulation I thought was much more interesting.

The MIS Internet and Supply Chain class taught me how important the internet is to a successful supply chain. With the case studies/presentations every week we learned real-world examples/problems that different companies faced throughout the years. The simulation we started this week showed how making forecasting demand can be quite tricky and companies need to understand the demand for their products when choosing a supplier and distribution costs. The internet plays a huge role in the supply chain through AI, EDI, and RFID. This class really taught me a lot and will help me in my career for years to come.

I learned a great deal in this class. I loved reading the cases that would tie into the lesson for the week. My favourite topics were about blockchain, RFID and EDI. I also enjoyed the Beer Game simulation and how real the simulation felt. Having a better understanding of the Internet of Things and all that supply chain can do for a company really opened my eyes. I didn’t have a good understanding of the supply chain before this class and now I see how important it is in not only business but in the world. The class discussions were always very interesting to me. I am very happy I was able to take this class and thankful for all I learned.

My overall review: This class was great if you have interest in MIS and IT. From our case studies, to presentations, class lectures, and simulations, everything was very transparent and interesting. . My favorite subjects throughout the course involved learning about blockchain, EDI, and automated warehousing. Its really amazing to see how technology makes the supply chain so much more efficient and productive. Even learning about the bullwhip affect through the beer game simulation was very insightful.. It really showed me how important it is to communicate with each player in the supply chain for it to be effective and save money. I plan to take a lot of my learning as I step into my career this summer as a production manager.

This course taught me the most about block chain and recent upgrades to companies. I currently work for a 3PL and we us blockchain technology to communicate with our customers and carriers via EDI which allows us to communicate more fluently. I was really excited to learn about the technology and how it works in different industries besides transportation. Thank you for a great last semester.

This course taught me a great deal. I did not realize how integrated the internet is with the supply chain in any component of business. I now understand that the internet can be utilized to improve and use the supply chain to full potential. Once all aspects of the supply chain become integrated all departments involved have improved communication and trust and have improved relationships; because of the internet. The internet is a crucial part of the supply chain that should be used to its full potential.

This course has taught me all about i need to know about supply chain since it is may major,and i will definitely make a good of this. I understand now how the connection is made for companies to move their products and keep an eyes on it from the distance. Also, how new technology have help them in some ways.

In this weeks class we focused on electronic data interchange (EDI). EDI is a structured transmission of data between organizations by any electronic means. EDI is older than the worldwide web. Computers can communicate and exchange data through unicasts, multicasts, or broadcasts. Unicasts communication is between one sender and one receiver. Multicast communication is between one sender and many targeted receivers, while broadcast communication is between one sender and all other participants are considered receivers. Some EDI Standards include data formats, character sets and data elements. While some drawbacks include the required effort to get different standards to interoperate between one another and managing partner specific details. Some advantages to EDI include cost savings and increased efficiency. Some disadvantages of EDI include business must change theirs current processes to update to EDI and the initial setup cost and time.

This week in class we continued discussing blockchain which can increase transparency of the product flow allows all parties to understand the efficiency, waste, fraud, and the overall integrity involved with the production of the products. It also encourages environmental accountability by requiring organizations to uphold any environmental treaties and compliance measures. We also talked about EDI and different components of the system like message flow, data transmission , and document format. Next we talked about RosettaNet standards which we will be diving into deeper next week in the case and markups and tags. We discussed HTML and XML and why web services matter. I had the opportunity to learn HTML in high school so this really refreshed my memory.

This week we focused on EDI (Electronic Data Interchange) which is a form of exchanging information from one computer to the next. This eliminates the need for using paper and having to mail information over, which increases the efficiency for the company. Of course, there are some cons associated with EDI such as having to adapt to it and having to change its processes, along with the setup costs and time that comes with change. We went over message flow, data transmission, and document format which are different components of EDI. Furthermore, we also talked about RosettaNet and its 3 different standards, along with RosettaNet’s history and how it came about.

This week we learned about Supply Chain IT standards. We covered how computers can communicate over a network and protocols. Protocols are computer communication standards that wrap the message in a packet. Electronic Data Interchange(EDI) is the structured transmission of data between organizations electronically. For EDI to work it needs a computer system, data transmission, message flow, document format, and software to interpret documents. Advantages if EDI include increased efficiency, cost savings, and reduced dependency on paper based systems. RosettaNet creates, implements and promotes industry wide e-business standards that forms a common language and align processes throughout the global high-tech trading network. XML defines content and uses tags that are user-defined.

This week’s topic was Supply Chain IT Standards, which focused on how computers in a network communicate with one another. Computers connected to a network can pass messages to each other through 3 different ways: unicast, multicast, or broadcast. In order for the messages to successfully reach each other, protocols are needed to set some communication standards. An electronic data interchange (EDI) allows for the transaction between two computer systems. An EDI system comprises of more than hardware; it usually includes a computer, network and internet connection. EDI standards prescribe data formats, character sets, and data elements. Despite these standards, a drawback of EDI is that it requires effort to get different standards to interoperate among each other.

Last week we discussed about supply chain IT standard. We talked about how to make computers communicate through protocols and EDI. Protocols are computer communication standards, wrap the actual message in a packet, add some extra information to it and transport the packet across the
network and after the receiver get the package, he/she can unwrap the package and get the message. EDI stands for electronic data interchange, it is the structured transmission of data between organizations by electronic means. EDI is a transaction portal between 2 computer systems, helping each trading partner to communicate. EDI has advantages of increased efficiency, cost savings and weeds out paper-based systems. Later, we also mentioned about RosettaNet for the case analysis.

This week’s theme was IT standards in the supply chain, which dealt with how computers in a network communicate with each other. We also talked about supply chain standards and EDI systems. Electronic Data Interchange (EDI) is the exchange of business documents between computers in a standard electronic format between trading partners.

For this week, the class discussed the languages used in computer and IT supply chain of how they communicate with each other. Professor discussed types of communication like unicast, multicast, and broadcast. Also, he talked about the EDI system which is the Electronic Data Interchange that helps to transfer data, message flow, document format, and software used to interpret documents between organizations by electronic medium. Advantages of it is an increase in efficiency, cost reduction, and dependency on paper reduction.

In this week, we talked about the case blockchain. I really interested on the concept of blockchain. Blockchain is is a growing list of records, called blocks, which are linked using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data. By design, a blockchain is resistant to modification of the data. We also talked about EDI system, it would be manual processes that used phone calls, faxes, or paper as communication between companies ordering or selling goods, is now all done through EDI. It joins manufacturers, distributors, and retailers, through their information systems, in a worldwide business-to-business network.

In this week’s class, we discussed internet standards and how computers communicate. Computers communicated in two method, manual method, and EDI method. EDI is a software used to interpret documents, and enables direct data transmission between two partners. EDI increased data efficiency, reduced cost, and changed paper-based system. However, it requires a business to change its business process; it also requires a initial cost and time to to start using the system. The adoption of electronic data interchange has been critical for companies maintain their competitiveness in the marketplace.

In week 13 we’ve discussed the ways of computers communicate and a discussion about EDI. Also learning about the differences between unicasting, multicasting, and broadcasting stood out the most to me. Analyzing the RosettaNet case was very helpful in understanding its history and the standard.

The topic of standards stood out to me. I learned how organizations made sets of rules to follow to make standards for EDIs. We also learned about the potentials of standards for blockchain in the future. I learned about organizations like ISO that is coming up with its own sets of standards for people using blockchains to use one day.

This week we discussed supply chain IT standards. A big topic was electronic data interchange (EDI), which is the structured transmission of data between organizations by electronic means. We also talked about the standards that go along with EDI which can increase efficiency, save costs, and weed out paper systems. However, setting up these standards requires changes to business processes, and the set up takes a lot of time and is costly. One organization that deals with business e standards is Rosetta Net. This organization creates, implements, and promotes industry wide e-business standards.

This week we covered the topic of Block Chain. Block Chain is a new innovative technology that permits transactions to be recorded. It does this by crytographically chaining blocks in order. This allows for a decentralized ledger that can be accessed by different servers. An example of a block chain technology would be Bitcoin. I had not previously understood how the block chain technology worked, but after our lecture I had a further understanding of its protocols.

This week we talked about business standards and how companies can do eBusiness and automate processes. These organizations that define business standards, like Rosetta Net, are nonprofits that make the rules for business standards and invest money so that they can make the rules benefit their company. There are usually levels of involvement that give members more power depending on how much they spend. I found it interesting how this is so important for larger companies and that the system is supported by a pay to play model.

This class we discussed business standards and what that means within supply chain. Within the supply chain, a business standard like Rosetta Net helps to set ground rules for doing business. Companies can invest in these standards in order to create rules that benefit these companies within the supply chain. It is important to have standard for supply chain so that each node can successfully communicate with eachother.

This week we reviewed the blockchain case that was assigned earlier in the week, visiting the advantages, disadvantages, and challenges for the industry wide adoption of the technology. The advantages of blockchain technology is that it helps reduce risk, enhances cybersecurity, and encrypts data in an almost unhackable way. Some of the challenges include inefficiency, scalability problems, criminal issues, and and lack of regulation/standardization. The great thing about supply chain is that the parties involved don’t necessarily need to know each other, they just need to know and believe in the technology. We then talked about the various technologies in Supply Chain such as EDI and standardization methods and techniques in supply chain. EDI’s allow for efficient electronic data interchange, thus making the process of transferring documents and other important data in Supply Chains much more efficient.

Last class we learned about standards in eBusiness. Standards are very important because they make it so everyone is on the same page and makes communication much clearer. We talked about the rise of standards and the fact they are always changing and demanding new capabilities.

We learned about the eBusiness standards and how it plays a role in the supply chain. An important topic the was discussed was about electronic data interchange. This is data being transmitted between organizations through an electronic interface. Standards that go along with an electronic data interchange include saving money and a more efficient operation. We learned that Rosetta Net is a company that implements these standards among the industry.

This was an interesting topic and full of technical jargon, which required a little more abstract thought in understanding. A basic of the lesson is that in order for a system ran on computers to effectively communicate, there are different ‘standards’ that are used to do so. This can be through a number of standards, including protocals, EDI, background data exchange, markups, tags, etc. This is a portion of the business world that I am honestly never focused on. After attending the presentation and working on the rosetta net case I have a much better grasp on thr supply chain IT standards that are necessary for computers to share information. Even though this specific area is not my focus for my career, I don’t think there are many occupations these days where you will not come into contact with these standards relating to information sharing and exchange. This has been a useful topic within the supply chain course work.

Within this class, a big topic in which was discuss were business standards. We learned about EDIs which is Electronic Data Interchange which transmits data between organizations through electronics. Basically it is a “business conversation” between to computer systems. We talked about how both Rosetta Net and EDI have standards as well as the advantages and disadvantages of each one. This includes the advantages of EDIs being there is increased efficiency, cost savings, and weeds out paper-based systems; as well as the disadvantages such as requires changes to business processes, initial setup cost and time, and forced adoption where it is required that all partners have compliant EDI systems.

This week we learned about e-commerce and how it affects a companies supply chain and blockchain. We learned about electronic data interchange- which collects data between organizations electronically. There are certain IT standards needed for companies to run efficiently. Some companies have to choose what EDI system is best for them, sometimes cost not being the main factor. Rosetta Net, set that business standard when it came to EDI since they were the first company to really perfect EDI and had no competitor for years.

This week, we learned about the standards of eBusiness and the role it plays in the supply chain. One of the main topics discussed was Electronic Data Interchange. Electronic data interchange is the concept of businesses electronically communicating information that was traditionally communicated on paper, such as purchase orders and invoices. Business standards like Rosetta Net that helps companies create, implement, and promote industry-wide e-business standards.

For week 13, we went over the blockchain case in class and how its becoming very useful for businesses today. We also learned about how computers “talk” to each other. With the use of Electronic Data Interchange (EDI), businesses are able to electronically communicate through similar servers. Each server has its own set of standards that allow the data to be processed in that specific way. Some advantages that come with the use of EDI systems is that they are great with saving in costs, they increase efficiency, and reduce disorganization and loss with things communicated on paper. This is a really good investment in the supply chain process but implementing and purchasing the system can take time for adaption and can be pretty costly. We also learned about Rosetta Net and how it works to be the standard for all businesses using EDI. .

This week we learned the Electronic Data Interchange is essentially the technical representation of a business conversation or transactions between two entities. Components of an EDI system are a computer system, network and an internet connection. It is older than the world wide web and is a communication method that connect partners using direct connections.

This week we learned that EDI is essential to smooth fast and efficient business conversation and transactions, it allows business to communicate effectively. Rossetta Net is one of leaders in this category being used worldwide. Due to technolgy improvements businesses have been able to increase value tremendously.

During week 13, we learned about EDI systems to make communications smooth and more accessible between all parties. I have mentioned this prior, but I work for BDP International and we use EDI systems to book, rebook, and automate all our internal systems. This allows us to cut down man hours for autonomous uploading to our systems from carriers and customers. This allows us to work internationally and communicate nearly instantly. This also allows our flow of products and our visibility systems to be great.

Interoperability is the ability to freely share information across all blockchain networks. In a fully interoperable ecosystem, if a user from another blockchain sends you something on your blockchain, you will be able to easily recognize and interact with it. Blockchain projects that want to implement interoperability into their platform want to create an ecosystem that will enable different blockchains to easily communicate among one another; without the need for an intermediary — like a centralized exchange.

Yiwen Wang, Teawoong Kang, Rainbow Zhao
Blockchain interoperability is the ability to freely share information across all blockchain networks or systems. Once interoperability is achieved between the major public blockchains, users will easily be able to transact on other blockchains seamlessly. This will allow for diverse functionalities, including in payments, smart contracts, and data storage. A truly interoperable blockchain network will be the core of the new digital economy. Benefit of blockchain Interoperability including:
1. Make it easy for people to transact on other blockchains with ease.
2. Offer diverse functionalities such as cross-chain transactions.

Blockchain interoperability is the ability to share information across various blockchain systems or networks. It makes it easier for people to see and access information across various blockchain networks.

Interoperability is the ability to freely share information across all blockchain networks. In a fully interoperable ecosystem, if a user from another blockchain sends you something on your blockchain, you will be able to easily recognize and interact with it. Blockchain projects that want to implement interoperability into their platform want to create an ecosystem that will enable different blockchains to easily communicate among one another; without the need for an intermediary — like a centralized exchange.

Blockchain interoperability is the idea of information being able to be shared freely and without the need of a 3rd party that would need to translate the data. Interoperability is important to supply chains because if information were easily accessible to everybody within that chain, decisions could be made faster because everyone can send and receive information very quickly.

Blockchain interoperability is the ability for blockchains to interact with each other and create a network in to freely share information. Share of information can result in overall network and ultimately lead to more education for everyone.

Interoperability is when blockchain systems freely share information. The point of interoperability overall is to be able to freely share and gain information with minimal effort. For example, the companies bitcoin and Ethereum are two similar companies with similar databases and face the challenge of being unable to exchange information and interoperability would benefit them. Implementing interoperability creates a platform that allows several blockchains interact with ease without interaction with third party arbitrators. The importance of interoperability is the increase of accuracy, efficiency, and effectiveness in the supply chain industry. Achieving low-costs with maximum profits is important to any successful company and interoperability integration allows exactly this.

Block chain interoperability is the ability to freely share information across block chain systems. In a fully interoperability environment, if a user from another block chain sends you something on your block chain, you will be able to read, comprehend, and interact with or respond to it with little effort. It is important because it allows for greater adaptation and use of the block chain technology across many different industries. It should go a long way with getting rid of intermediaries and third parties that are running centralized systems. It is important because it will go a long way in making it easier to transact on different block chains seamlessly.

Interoperability is the ability to freely share information across blockchain systems; it is closely related to decentralization. In a fully interoperable setting, a user from one blockchain can send something to another user on another blockchain, and he/she can easily read, comprehend, and interact with little effort. Wanchain 3.0 is an example of this technology. It integrates other currencies (i.e. Bitcoin, Ethereum) to be accessible from a single Wan Wallet address. Their vision is to connect the world’s digital assets. A truly interoperable blockchain network will allow for diverse functionalities, including payments, smart contracts, and data storage.
Brooke Schisler & Alison Kline

Blockchain interoperability is the ability to easily share information and transact across blockchain systems. In a fully interoperable environment, if a user from another blockchain sends you something on your blockchain, you will be able to read, comprehend, and interact with or respond to it with minimal effort.
Importance:
– To enable blockchains to communicate easily with less errors
– To create transparency between supply chains

Interoperability is the ability to freely share information across the supply chain systems, this means that someone else could have the ability to share information with another user and that other user will not have trouble receiving and interpreting that information. This is going to be really important to enable multiple supply chains to work together with ease.

Blockchain Interoperability is essentially the concept of being able to freely share information across all blockchain networks despite the different ways the data clusters are created. The future of the Internet of Things and Blockchain technology is dependent on the ability of these Blockchain networks to interact and recognize each other. In a fully interoperable Blockchain technology system, all data and information being sent from other Blockchains are able to easy interact and analyze with each other. A possible goal of this would be to completely eliminate 3rd parties and intermediaries.

Block chain interoperability allows block chain systems to communicate with one another without the help of intermediaries. It is important to supply chains because it allows people to see and access information across various block chain networks. In addition, it will allow businesses to make transactions from different block chain systems.

Interoperability is the ability to freely share information between blockchain systems. In a fully interoperable environment, if a user from another channel in the block sends you something on your channel, you can easily read, understand, and interact with or react effortlessly. Blockchain technology is becoming more commonplace. The masses already understand this technology, not all its details. The concept of interoperability of the blockchain is being developed by computer scientists, but once, even the usual Internet was difficult for users to understand.
Farida Coulibaly

In small groups, research and discuss examples of how combinations of technologies such as Blockchain + IoT and/or Artificial Intelligence can be used in supply chains.
Write a summary of your analysis, […]

Can be used in pharmaceuticals and health care industry can reduce counterfeit drugs. Also, reducing product waste and perishable foods’ product margins while increasing traceability is attainable by combining blockchain and IoT. Combining IoT’s real-time monitoring support with blockchain’s shared distributed ledger strengthens track-and-trace accuracy and scale, leading to improvements across supply chains.

One application of blockchain and IOT and artificial intelligence is in inventory management. A combination of these can be applied to warehouses, IOT can monitor the inventory currently on hand and artificial intelligence can be used to reorder when inventory is running low, then all the actions and shipments can be logged and tracked through blockchain.

-Allows more visibility/transparency into supply chains. This allows various parts of the chain to identify mistakes instead of wasting time trying to resolve errors, instead, each step in the chain is identified and visible in the decentralized ledger.

-It also eliminates the possibility of human error, making the process more efficient. It is also apparent that a human can not think nearly as fast as one of these computers (AI) that is programmed to complete such tasks.

– iOT and blockchain provide reliability and security to the supply chain because of the difficulty of hacking blockchain. This makes it more reliable to store and communicate private information via the internet.

To start, Artificial Intelligence is technically used in electronic marketplaces when the system suggests products that you may like based on your user profile. The system collects data using the cookies cached on your computer to create a profile to suggest items that match what people like you have purchased in the past. For products that are connected to the Internet of Things, its entire purpose is based on data that is stored over time. Because there is no physical product that records physical data, this is how Blockchain and the Internet of Things can be used in supply chains. The Blockchain and the IoT working together also reduces the shrinkage of product because the entire makeup of the product is recorded and can be analyzed to ensure less defective products make it to the marketplace.

Rainbow Zhao, Yiwen Wang, Teawoong Kang
We were able to find how some company started to build a platform that is blockchain based for voice-enabled devices. As the use of AI speakers increases, many people are worried about their privacy being crept by companies. Snips made that platform called Snips AIR which is designed for privacy. This encrypts data more securely for users. Also, three other benefits of using Blockchain in AI are:
1. AI and encryptions work well together.
2. It can help us track, and understand decisions made by AI.
3. AI can manage blockchains more efficiently than humans.

If AI were integrated into Blockchain, it would make the blockchain even more secure. AI could probably predict where issues with sourcing or integrity might happen before it even does because the technology is so advanced. According to the article we found, AI could optimize energy consumption and help with lower investments in mining hardware. It can also help with scalability, security, privacy and efficiency.

Information from robots can be transferred faster. Software updates can be updated faster. Blockchain can be used to backtrack information to audit what might have went wrong with information, and change is more secured.

The processes will be faster by using the internet of things and blockchains.

Amazon and its consulting partners created AWS, which is a cloud computing service for other businesses with pay as you go pricing, computing power and storage options. It also allows businesses to connect Iot’s devices with unique identities to a common underlying data layer.

The combination of artificial intelligence with block chain allows for companies to further advance the power of the block chain. This means that companies are able to record and analyze transactions made across the block chain. Artificial Intelligence can scan through big chunks of data, which will impact the way in which the data is handled. Block Chain is broken up into small sections and distributed across the internet. Therefore, if one or two of the nodes are compromised, the data will not be lost. AI will also aid this in being able to see what issues may have arose to produce the error. Lastly, with the IOT and block chain, they will be able to increase the accuracy of tracking and possibly see real time movement from point to point.

With sensors attached to trucks and goods sending information to AI applications that attempt to predict potential problems. Besides the artificial intelligence capabilities of its Magellan software, OpenText also has applications to manage the data captured through sensors in IoT environments. The value of blockchain, meanwhile, includes its ability to validate key pieces of information such as the provenance of raw materials, payment details and shipping information. A truck carrying perishable goods to a retailer offers an example of how the three technologies could be used together.

IoT systems depend on a centralized architecture. Information is sent from the device to
cloud, where data is processed using scans, then returned to IoT devices. Billions of devices are ready to connect to future IoT networks, this type of centralized system has very limited scalability, exposes billions weaknesses that compromise network security.It also eliminates the possibility of human error, making the process more efficient. It is also obvious that a human can not think as fast as one of these computers (AI) programmed to perform such tasks.
Farida Coulibaly

Yes this is a good strategy because Netflix is succeeding by reducing the attractiveness of its competitors downstream platform. In this case, Apple is Netflix’s competitor since it has recently announced its new streaming service that is coming to the market. If the question is how to use supply chains to compete in information goods, Netflix has executed an effective counter to Apple by stopping its support of Airplay, an apple-enabled TV stream technology. Though, I do believe that Netflix has chosen to unsupport Airplay for technical reasons as well, as it is a perfect excuse to stay diplomatic about the whole situation.

My thoughts on Netflix not allowing Airplay is more of a way to eliminate any threat or competitions by Apple. Even though both Apple and Netflix are known brands I believe that Apple has more intense fans- they will follow/support anything Apple does. Likewise, this also decreases the attractiveness of its competitor’s downstream platform.

I don’t think that this was a bad move by Netflix, as I don’t believe that people be leaving Netflix anytime soon unless Apple can provide consumers with content that is both high quality, able to be streamed across various platforms (not including Apple products). The company is doing itself a solid by moving away from streaming by apple because I don’t think that they want to in any way become a competitor of Apple’s in the entertainment streaming business as they’ve likely learned from competitors of Apple’s music streaming subscription service (Apple Music), they are going to need to add a lot of added value to their product in order to compete with Apple.

I believe Netflix is following Apple strategy which is monopoly power and to have a control over their products to not be connected with their competitors products. It is a smart move but not for Netflix because there are plenty of competitors and it is usually at the same smart tv. For instance, the tv shows on Netflix are not available on Hulu, ABC, STARZ, Freeform, etc. Therefore, Netflix consumers have to pay to watch those exclusive series, documentaries and movies. I think they are dealing with the same problem that Spotify has with Apple Music. Apple is trying so hard to overtake every trending apps and make their own version of it, so they can win the game. I believe it is just a move for Netflix that they are ready to begin the war with Apple.

I think on Netflix’s part it was a smart business decision for them because they kind of keep control of their offerings and also kind of retain their customers, even though i don’t really think people will stray away from Netflix for the Apple offering just because of the price difference. Some die hard Apple fans will defiantly switch over because they are after the latest and greatest.

It’s a little weird and misleading, though, because we’re not talking about a situation where the technology doesn’t work — apparently it just doesn’t look quite as nice as Netflix wanted, and Netflix, Apple and the TV manufacturers can’t be bothered to fix it. Maybe Netflix wasn’t prepared for a new wave of AirPlay 2-enabled TVs, and can’t justify spending the technical resources to upgrade its AirPlay implementation to support them properly. Maybe it’s Apple or Samsung, LG, Vizio and company who can’t justify the spend to fix the limitation. Maybe Netflix will even reinstate support after things get figured out, though a spokesperson strongly suggested to me that the ball is in Apple’s court now.